Uganda

Uganda becomes Kenya’s fastest-growing source of diaspora remittance

With the Kenyan shilling depreciating, Kenyans in Uganda are finding it more profitable to send money home.

Inflation in Africa: Latest data shows worsening figures across the board

Figures show 50% of countries with available data experienced an increase in consumer prices in March.

Inflation in Africa: Many countries continue to witness historically high consumer prices

While some countries recorded improved inflation figures, the cost of living across the continent remains prohibitively high.

60% of African countries recorded lower consumer prices in December

Further contractions in consumer prices suggest that central banks’ tactics to curb inflation are productive.

Six of eleven African countries reported an inflation rate drop in November

African consumers are beginning to see steadier prices as 2022 nears its end, according to the latest inflation figures.

BIS survey finds differing motivations in African CBDC adoption

More than half of the surveyed central banks said the ability to provide cash in a digital form was the leading consideration for exploring CBDC.

October 2022 inflation report: Consumer prices are rising at a slower pace in many African countries

Zimbabwe’s inflation has slowed for the second consecutive month as East African countries report double-digit rates.